Paramount Resources Ltd. has restored 75 per cent of the approximately 50,000 boe/d of production that had been temporarily curtailed as a result of the Alberta wildfires.
May 11, 2023, 12 AM MDT
Over the last number of years, Birchcliff Energy Ltd. has strategically built a large, contiguous 100 per cent working interest Montney land position in the Elmworth area of Alberta, located 25 kilometres to the south of the company’s producing properties in Pouce Coupe and Gordondale.
May 11, 2023, 12 AM MDT
As a result of the ongoing impact of a force majeure event on Pembina Pipeline Corporation’s Northern Pipeline system, Birchcliff Energy Ltd. currently expects that it will be on the low end of its annual average production guidance range of 77,000 to 80,000 boe/d.
May 11, 2023, 12 AM MDT
Pieridae Energy Limited generated funds flow from operations of $41.6 million ($0.26 per basic and fully diluted share), up 19 per cent from $34.9 million ($0.22 per basic and fully diluted share) in Q1 2022.
May 11, 2023, 6:24 AM MDT
Tidewater Midstream and Infrastructure Ltd.’s total Q1 midstream throughput volumes of 390 mmcf/d represent a six per cent increase over the previous quarter.
May 11, 2023, 9:39 AM MDT
As a precautionary measure related to wildfires ravaging parts of Alberta in early May, Tamarack Valley Energy Ltd. has reported some shut-ins.
May 11, 2023, 2:36 PM MDT
All Pembina Pipeline Corporation facilities previously shut down due to the wildfires have resumed operations.
May 11, 2023, 5:14 PM MDT
Gas-weighted North American operators faced extreme price volatility in 2022. Panic over gas shortages in Europe leading into winter due to the war in Ukraine drove North American natural gas prices to levels not seen since the early 2000s.
May 10, 2023, 7:02 AM MDT
Pembina Pipeline Corporation currently aims to have a final investment decision on Cedar LNG in the third quarter of this year.
May 10, 2023, 7:51 AM MDT
Keyera Corp. credits the role of record quarterly contributions from both its gathering and processing, and liquids infrastructure segments, for its year-over-year growth in net earnings last quarter.
May 10, 2023, 12 AM MDT
NuVista Energy Ltd. is going full steam ahead with its 2023 capital expenditure program after reporting positive financial and operating results in the first quarter.
May 10, 2023, 8:50 AM MDT
Higher well productivity in the Permian Basin resulted in growing production for Ovintiv Inc. in the first quarter of 2023, president and chief executive officer Brendan McCracken said in releasing the company’s first quarter results after market close on Tuesday.
May 10, 2023, 9:22 AM MDT
Growing production continues to be a top priority for NuVista Energy Ltd. as the company builds towards reaching its 100,000 boe/d of sustainable production target for its Montney assets at Wapiti and Pipestone, company president and chief executive officer Jonathan Wright told shareholders at NuVista’s annual general meeting this week in Calgary.
May 10, 2023, 3:24 PM MDT
Seven of Tourmaline Oil Corp.’s nine facilities, previously shut-in due to the wildfires, have resumed operations and are operating at previous production rates.
May 10, 2023, 11:14 AM MDT
In Q1 2023, Pipestone Energy Corp. reported record average quarterly production totaling 35,162 boe/d (29 per cent condensate, 41 per cent total liquids).
May 10, 2023, 6:20 AM MDT
Higher commodity prices in 2022 resulted in a major jump in operating cash flow and free cash flow for North American exploration and production companies, according to Evaluate Energy analysis of 88 North American operators with production over 5,000 boe/d.
May 9, 2023, 6 AM MDT
Keyera Corp. this morning reported that the Key Access Pipeline System (KAPS) construction is complete, and costs are within the latest cost estimate of $1.0 billion net to Keyera.
May 9, 2023, 4:15 AM MDT
Murphy Oil Corporation reported net natural gas production after royalties averaged 292 mmcf/d from its Tupper Montney assets in the first quarter of 2023 as the company continued building production to fill infrastructure commitments.
May 9, 2023, 6 AM MDT
Crew Energy Inc. reported 32,963 boe/d average production in Q1/23, near the top end of its guidance range of 31,000 to 33,000, slightly ahead of Q4/22 volumes, down slightly from 33,399 boe/d at the same quarter of last year.
May 9, 2023, 6:03 AM MDT
May 9, 2023, 3:43 AM MDT
Enbridge Inc.’s $400 million Aitken Creek storage deal announced last week represents another step forward in the company’s quest to bulk up its natural gas storage offerings.
May 8, 2023, 6:22 AM MDT
Cenovus Energy Inc. began safely and methodically shutting in a number of producing Conventional fields and bringing down processing plants on May 4, “with a focus on the safety of its people and integrity of its assets,” due to wildfires in the region.
May 8, 2023, 4:14 PM MDT
Pembina Pipeline Corporation’s total volumes of 3.188 million boe/d for the first quarter dropped five per cent over the same period in 2022.
May 8, 2023, 6 AM MDT
Wildfires in Alberta and B.C. have resulted in evacuation orders in several areas where Pembina Pipeline Corporation has operations.
May 8, 2023, 3:10 PM MDT
ARC Resources Ltd.’s Attachie assets in northeast B.C. have the potential to grow to the size of its Kakwa condensate-rich assets in Alberta, which currently account for more than half the company’s almost 340,000 boe/d of production, president and chief executive officer Terry Anderson told analysts at ARC’s first quarter conference call.
May 5, 2023, 10:10 AM MDT
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